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8KTier 8

CHEETAH NET SUPPLY CHAIN SERVICE INC. 8K

0001104659-26-044124

View on SEC EDGAR

Cheetah Net Supply Chain Service Inc. agreed to acquire 100% of Hong Kong-based Super International Trading Limited from Leyan Yang for USD 4.98 million cash, subject to closing conditions, specified liability assumptions, and multi‑year performance earn‑out and incentive provisions.

Cheetah Net Supply Chain Service Inc. entered into a Share Transfer Agreement with individual shareholder Leyan Yang to acquire 100% of the equity of Super International Trading Limited, a Hong Kong limited liability company, for total cash consideration of USD 4,980,000, including a refundable USD 1,500,000 deposit placed with a third-party agent before due diligence and payable at closing upon satisfaction of customary conditions such as board, shareholder, regulatory approvals and satisfactory due diligence results, after which Cheetah Net will assume specified liabilities only, become the sole shareholder, and be subject to a three‑year revenue performance guarantee (minimum USD 10 million annual revenue with cash compensation for shortfalls, capped at the deal value) and a five‑year performance incentive arrangement under which Yang may receive additional cash or shares for revenue in excess of USD 10 million per year, all under Hong Kong law with disputes to be arbitrated at HKIAC.

Filing Facts

CIK
1951667
Ticker
-
Form
8K
Source Type
sec
Accession
0001104659-26-044124
Alert Tier
8
CHEETAH NET SUPPLY CHAIN SERVICE INC. 8K | ATTN